05:26 AM EST, 11/05/2026 (MT Newswires) -- Tungsten West (TUN.L) secured the High Court of Justice of England and Wales' approval to cancel the balance of its share premium account, according to a Thursday filing. The capital reduction will take effect when the court order and statement of capital are registered by the Registrar of Companies in England and Wales, expected in the next few days. Tungsten West's number of shares admitted to trading will be unaffected by the capital reduction. The mining company said the capital reduction will allow it to pay dividends to its shareholders in the future, but noted that there is no guarantee such distributions or returns may occur.

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